Thank you, Mr. Chair.
Some very interesting points have been brought up. I appreciate what Ms. Collins said about us being honest and truthful in what we're saying here.
I realize that sometimes statements are made here just for clips to appeal to certain constituent groups, but I do think calling out people with some of the names that have been used in this committee is inappropriate. It's unparliamentary. I think that the same standards should hold in committee as they do in the House. I am thinking of notions like “radical activists”. I realize that this is perhaps good politically for certain members to portray us that way, but I think the recommendations in Madame Pauzé's letter are very reasonable. Letters have been sent from committee before. In this case especially, given the need for more action more quickly, I think it's important we move forward on this.
I mentioned that motion 84 was introduced and there was maximum support from 20 MPs across parties. We know that climate-aligned financial regulation is going to help address the root causes of affordability. I know that we are all in alignment when we say that we want to take measures to help address affordability.
Right now, climate-related damages already increase the average Canadian household's cost of living by $700 a year. There are households that aren't able to get flood insurance right now and they bear the costs of that when tragedy strikes. More and more floods are happening.
For the increase in food costs, which all of us have been so concerned about and talk about often, we know that one of the major causes of that is climate events. If you ask any of the experts on this, they will say that climate policy and the price on pollution have had a very minimal impact on this while climate change has had a major impact.
For all of us who are concerned about the cost of living for our constituents and for all Canadians, we should all be wanting to expedite work to ensure that our financial sector is aligned with the real sector when we're talking about our climate goals.
On the question of whether this an emergency, I think the situation right now does qualify as an emergency. I would also mention that other things have been brought up in this committee that have been put forward as emergencies that I certainly would not consider emergencies. In fact we had a 106(4) meeting recently where we ended up doing committee business and coming up with a calendar of our meetings. That took four hours of time when we were all supposed to be in our ridings meeting with our constituents and talking to them about some of these very issues that we are working on in committee. That was not an emergency, yet that was put forward and probably cost taxpayers several hundred thousand dollars to bring everybody back, to get it set up and to have the House resources available. That's in addition to the filibustering that's been going on in the House.
I think that this kind of debate on a motion that Madame Pauzé is bringing forward is very important. The fact that we are debating whether or not a letter is appropriate, whether or not we should have a....
Excuse me, would you stop shouting at me while I'm speaking, please, Mr. Leslie? I didn't say anything when you were speaking.